
The Latest information in Pre-Construction Condos


Is lack of supply still the biggest obstacle to housing affordability? This panel thinks so.
The topic of housing supply isn’t front and centre of the affordability discussion like it was just a few months ago.
Despite housing affordability in the first quarter posting its worst decline “in a generation,” according to recent…

What is mortgage default insurance?
You can get insurance for almost anything you own and often it is considered a very good idea to do so. Home insurance protects thousands every year from the financial cost of damage to their property and car insurance helps to cover the costs…

Canada’s Office Construction Slips As Cost to Build Rises: Report
The construction of office space is declining in Canada amidst runaway inflation increasing construction costs.
A new report from Colliers Canada has found that although the number of under-construction offices is still very robust, with…

Over 22M housing units needed by 2030 to solve affordability crisis: CMHC
A new report from the Canada Mortgage and Housing Corp. says the country's housing stock would need to climb to over 22 million units by 2030 to achieve affordability for everyone living in Canada.
The housing agency notes that two-thirds…

Developers could cancel approximately 5,000 new condo units as construction prices rise, industry observer says
Developers could cancel the construction of approximately 5,000 new condominium units in Toronto in response to rising material and labour costs, an analysis conducted by the real estate research firm Urbanation has found.
Urbanation President…

Ranked: These Are 10 of the World’s Least Affordable Housing Markets
These Are 10 of the World’s Least Affordable Housing Markets
It’s become increasingly difficult for middle-class families to purchase a home over the last few years—and the global pandemic has only made things worse.
According…

Canada home prices – why they're falling
House prices are set to continue falling across Canada as a result of the current market cooldown, with the only question being by how much, according to a well-known economist.
Benjamin Tal (pictured), deputy chief economist at CIBC World…

47% of Canadian Gen Z Say Returning to the Office Factors into Home Buying Plans
Survey Highlights
Nearly half (47%) of urban Canadian Generation Z adults rank proximity to their workplace as a top priority for the location of their first home purchase; however, just 15% indicate that buying in or close to the downtown…

Toronto home sales down 39 per cent in May from last year, prices up almost 10 per cent
The Greater Toronto Area housing market is becoming more balanced as May home sales dropped 39 per cent from a year earlier and prices rose almost 10 per cent, the Toronto Regional Real Estate Board said Friday.
The Ontario board found last…
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